Image courtesy of IBM. IBM just released IBM Z, a new mainframe that reportedly can run more than 12 billion encrypted transactions per day – a staggering 18 times faster than any other platform. Since encryption is difficult to do at scale, IBM hopes this mainframe will help banks, healthcare providers, government agencies [...]
With July just around the corner, it’s hard to believe we’re already halfway through 2016. Throughout the last six months we’ve seen some major cyber security incidents make headlines. According to the Identity Theft Resource Center, since January 1, 2016, there have been a staggering 500 breaches, with over 12.8 million records exposed. The breaches [...]
Data breaches have dominated the headlines for the past few years. In 2014, some went as far as coining the term the “Year of the Breach.” But 2015 was no different with 781 data breach in the United States alone, accordingly to a report by the Identity Theft Resource Center. When a data breach occurs, [...]
In Forrester Wave’s latest report, Experian was identified as one of the top breach notification and response service providers in the market. In the report, six companies were rated on a variety of skills and services, including strategy, offerings, and market presence. Experian was announced as a strong performer in the space. We are proud [...]
Last week Fortune.com claimed the “word” for 2015 was cybersecurity. It’s not too surprising, as headlines for the past two years have been fraught with news of big breaches and security hacks. Affected (and unaffected) companies are implementing new habits and establishing security standards to help mitigate their risk of being breached, while consumers attempt [...]
Earlier this week, Target struck a deal with Visa to reimburse thousands of financial institutions around $67 million dollars for costs resulting from the company’s 2013 data breach. These costs included reissuing credit and debit cards and handling an increased number of customer inquiries. Target is expected to reach a similar deal with MasterCard. Target’s [...]
The IRS experienced a breach that is changing the way businesses and consumers think about personal information. Reporters attribute the IRS breach to a crime syndicate in Russia, who used personal information obtained elsewhere to exploit the Get Transcript feature on the IRS website. They successfully exploited 104,000 individuals and filed nearly $50 million in [...]
There has been a noticeable uptick in the number of criminal attacks against healthcare facilities in the last five years. Ponemon recently released its Fifth Annual Benchmark Study on Privacy and Security of Healthcare Data, which shared a 125 percent increase in cyber attacks targeting healthcare data. The major shift in healthcare data breaches, according [...]
Every year Verizon takes a thorough look at the global breach landscape in the company’s annual Data Breach Investigations Report. This year’s report offers a wealth of information on the threats, vulnerabilities and actions that plagued businesses in 2014. The report is long, but interesting and worth a read. To make it easier for you, [...]
As the dust settles after Anthem Healthcare Insurance announced last week that approximately 80 million of its customers may have had their personal information exposed in a data breach, consumers are once again left wondering how they can protect themselves and their data in the wake of another high profile hack. Though it’s being called [...]
